Transaction in Own Shares

BP PLC
23 November 2006

BP p.l.c.  -  Transaction in Own Shares

BP p.l.c.  -  23 November 2006



BP p.l.c. announces that on 22 November 2006, it purchased for cancellation
5,350,000 ordinary shares at prices between 577.5 pence and 591.5 pence per
share.

BP p.l.c. also announces that on 22 November 2006 it transferred to participants
in its employee share schemes 53,950 ordinary shares at prices between 350.00
pence and 511.0 pence. These shares were previously held as treasury shares.

Following the above transactions, BP p.l.c. holds 1,947,130,557 ordinary shares
in Treasury, and has 19,562,308,456 ordinary shares in issue (excluding Treasury
shares).



Enquiries: Fergus MacLeod, BP p.l.c.    Tel : [phone]




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